SNAP - Snap Inc.
| Previous Close | 11.42 |
| Open | 11.24 |
| Bid | 0.00 x 27000 |
| Ask | 0.00 x 1300 |
| Day's Range | 11.09 - 11.64 |
| 52 Week Range | 4.82 - 14.47 |
| Volume | 24,816,973 |
| Avg. Volume | 25,465,871 |
| Market Cap | 15.397B |
| Beta (3Y Monthly) | 1.16 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.90 |
| Earnings Date | Aug 5, 2019 - Aug 9, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 11.49 |
- InvestorPlace•2 days ago
Can Facebook Stock Rally Back to $200?
Shares of Facebook (NASDAQ:FB) haven't been able to sidestep the selling pressure over the past few weeks. Shares have pulled back, with FB stock falling from roughly $200 down to $180. However, the pullback has been very orderly so far and is even finding some moving average support.Source: Shutterstock Is this investors' chance to hop on the Facebook train or should they stay clear in the event of more selling?With the trade war hitting U.S. stocks, virtually all industries are under pressure, even though not all of them are impacted by the trade war. For instance, cloud companies like Adobe (NASDAQ:ADBE) or Salesforce (NYSE:CRM) won't see their businesses impacted by the trade war. Nor will Twilio (NYSE:TWLO) or Splunk (NASDAQ:SPLK). Worth mentioning is that Facebook isn't allowed in China, although its WeChat has plenty of global exposure.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMy point is, even though some of the companies above aren't impacted by the trade war, their stocks are still under pressure. FB stock is no exception either. Maybe the indices have already bottomed from these headlines, but it doesn't feel like it. If we have one or two more down legs to do go, investors will get a better shot at Facebook stock. That said, traders have a reasonable risk/reward situation with FB right now, should the markets hold up. Trading FB Stock Click to EnlargeSo far, uptrend support (blue line) and the 50-day moving average are holding up for FB stock. That's a perfect spot for traders to watch, too. A pullback in a strong stock to its 50-day usually draws in buyers, even if only for the short-term. Facebook at least has that going for it right now. * 7 Tech Stocks to Buy That Are Also Perfect for Retirement The key is to see what kind of bounce we get. Is it a modest 1% to 2% rally or does it send FB stock back to recent highs near $195? If it clears $195, $200 is on deck. Over the 61.8% Fibonacci retracement at $182.10 increases the odds for a retest of the 20-day moving average and gives some momentum to bulls.Should the selling accelerate in the overall market and FB stock gets pulled down, there are levels of support below too. A price of $170.82 marks a 50% retracement and down near $159.50 is the 38.2% retracement. The latter comes into play near the 200-day moving average and is a key level of support. Conveniently, $170 could be decent support too, it just depends on the aggressiveness of sellers should we get a pullback down to these levels.We may not see that type of decline, but if we do, it will pay to know where FB stock can hold up. Valuing Facebook StockIt was like the sky was falling with Facebook stock over the past year, as investors were dumping the social media giant hand over fist. That's despite it having the best financials and metrics compared to peers like Twitter (NYSE:TWTR) and Snap (NYSE:SNAP).Privacy concerns and worries about leadership caused investors to puke up the stock. Never mind that FB stock has one of the strongest balance sheets in the stock market and is a cash-flow machine.Analysts expect the company to earn $7.05 per share this year. That's down almost 7% from the prior year. The plus side is that they expect 32% earnings growth to $9.32 per share in fiscal 2020. On the revenue front, growth is doing anything but slowing. Estimates call for 24% growth this year and 21% next year. * 7 Stocks to Buy that Lost 10% Last Week Social media is far too efficient for businesses to ignore when it comes to advertising and it's far too addicting for users to put down. So long as that remains the case, Facebook will be in business. That bodes well for long-term investors, particularly given the balance sheet strength of FB stock.Long-term investors may consider waiting for a larger correction in FB stock should they want to bet on the continued growth in social media. Otherwise they could consider a nibble of Facebook near current levels.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post Can Facebook Stock Rally Back to $200? appeared first on InvestorPlace.
- Investopedia•2 days ago
World's Top 10 Youngest Billionaires
Understand what has helped result in so many young billionaires in the world. Learn about the 10 youngest billionaires in the world.
Associated Press•3 days agoIn gender-swap photo filters, some trans people see therapy
NEW YORK (AP) — Hit a button, and you're "transformed" into a woman. The beard disappears. The face and jaw smooth out. The hair floats jauntily around the shoulders.
Motley Fool•3 days agoWhy Snap, Kemet, and Iovance Biotherapeutics Jumped Today
Good news gave these stocks even better gains than the overall market.
Motley Fool•4 days agoWhy Snap Stock Jumped Today
Facebook's Instagram is killing off a competing app.
- MarketWatch•4 days ago
Snap stock gains after Facebook kills Snapchat competitor
Facebook Inc. is axing Direct, a standalone app for Instagram direct messaging that was meant to compete with Snap Inc.'s Snapchat app. Snap shares are up more than 7% in midday trading Thursday. Facebook's Instagram will continue to create new features for Direct but no longer house the product in its own distinct app, according to TechCrunch, which reported on the app closure. An Instagram spokesperson confirmed to TechCrunch that the company is "rolling back the test of the standalone Direct app." Instagram will wind down Direct in the month ahead. Facebook shares are up 0.9% in midday trading, and they've gained 43% so far this year as the S&P 500 has risen 15%.
Yahoo Finance•4 days agoWhy Pinterest is immune from problems facing Facebook, YouTube, and Twitter
Wall Street will be looking for signs of whether Pinterest can maintain its momentum when the company reports first-quarter 2019 earnings on Thursday afternoon.
TechCrunch•4 days agoInstagram is killing Direct, its standalone Snapchat clone app, in the next several weeks
As Facebook pushes ahead with its strategy to consolidate more of the backendof its various apps on to a single platform, it's also doing a littlesimplifying and housekeeping
- Investopedia•4 days ago
Venmo: Its Business Model and Competition
Here is an in-depth look at the increasingly popular digital payment app Venmo. It's changing the way people exchange money.
- Financial Times•5 days ago
Uber short selling was muted, early figures suggest
According to the first indications available, on Tuesday there were just 8.4m Uber shares out on loan to short-sellers, representing 5 per cent of the float, according to IHS Markit. For Lyft they were 99 per cent, reflecting the high demand from short-sellers making their bearish bets on the company’s prospects.
- Financial Times•5 days ago
Smile! Selfies are following a rich oral storytelling tradition
As he wandered down a muddy Lake District lane trying to frame that perfect sunset shot, Thomas Gray was a little too fixated on the image caught in his handheld device. Instead of a smartphone, the technology that Gray was balancing in one hand, with his back to the view, was a “Claude glass” or black mirror. Named after painter Claude Lorrain, these small pocket-sized mirrors were part of the 18th-century trend for “picturesque” tourism, and smoothed the surrounding landscape into a dim-tinted frame.
Yahoo Finance•5 days agoGOP senator pushes bill to ban the export of 'core technologies' to China
Sen. Josh Hawley (R-Mo.) talked to Yahoo Finance On the Move about a bill that would block the export of certain technology to China.
- Associated Press•5 days ago
The top iPhone and iPad apps on App Store
App Store Official Charts for the week ending May 12, 2019:
Yahoo Finance•5 days agoBreaking up Facebook won’t fix its biggest problems
A growing chorus of critics is calling for Facebook to be broken up, but that won't fix the company's myriad problems.
Yahoo Finance•7 days agoThe top 10 US IPOs in the last decade and how their stock performed
2019 is poised to be a hot year for IPOs, but looking back on the past decade, these are the top 10 U.S. IPOs based on valuation at the time of debut.
- InvestorPlace•7 days ago
Revenue Growth Aside, Twitter Stock Is Due for a Breather
Twitter (NYSE:TWTR) stock has largely stayed in place since beating earnings expectations. The San Francisco-based microblogging company continues to improve on revenue generation. However, with stagnant user growth, one has to wonder how much this will help Twitter stock going forward.Source: Christopher via FlickrAlthough Twitter continues to refine its financial performance, with TWTR stock again marching toward 52-week highs, investors should wonder whether that can offer further benefit to the equity.To be sure, Twitter has seen a fantastic turnaround. A little over two years ago, TWTR had fallen to a low of $14.12 per share. It spent much of 2017 near that level, and many, including myself, did not expect the stock to recover.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Cloud Stocks to Buy on Overcast Days However, as management figured out how to better monetize the site, TWTR began a steady move higher. It rose as high as $47.79 per share the following June before pulling back.At the current price in the $38 per share range, investors who bought in 2017 still have earned an excellent return. The question is where Twitter goes from here? Twitter vs. Twitter stockI believe Twitter will prosper as a site for some time to come. Twitter has gained a following among celebrities from President Trump on down that have made the site a go-to for information. The design of this website also precludes Facebook (NASDAQ:FB) from competing directly despite its much larger size.Still, I'm not optimistic on Twitter stock despite these attributes. Slow user growth still plagues the stock. At 68 million monthly active users (MAUs), its numbers in the U.S. have remained stagnant for two years. Overall MAUs look slightly better. Twitter sees an estimated 269.6 million users worldwide, slightly ahead of the 250 million MAUs for Pinterest (NYSE:PINS).Still, it represents only about a 3% jump from last year's levels.Even worse is the base of daily active users (DAUs). Twitter released numbers of DAUs in February. As of February, the site attracted 126 million DAUs. That figure indicates more engagement with the site despite the amount coming in at 39% of its user base. However, this comes in 60 million DAUs less than the main platform of Snap (NYSE:SNAP), Snapchat. Twitter's ValuationThese lower-than-expected DAUs have had only a limited impact on Twitter. The previous quarter showed 18.8% year-over-year revenue growth. Earnings also came in well ahead of estimates.The question is whether this growth can justify its valuation. Under current estimates, the forward price-to-earnings (PE) ratio comes in at 34.7. That might look reasonable given this year's profit growth rate of 23.3%. Still, with earnings increases expected to fall to just 3.8% next year, that multiple seems high.Moreover, the improvements have come from better monetizing its site. While encouraging, this can only delay the negative effects of stagnant user base growth for so long. Without more viewers, Twitter could eventually find itself struggling to continue its revenue growth. Concluding Thoughts on Twitter StockThe improved revenues and recent earnings beat will likely not offer further benefit. Twitter has accomplished a lot since TWTR bears such as myself were ready to leave the equity for dead.However, improved revenue performance has inspired a comeback despite slow growth in MAUs. These site improvements will sustain Twitter for a time. However, the company will eventually have to attract more user growth to gain any long-term traction.That said, I would encourage traders to take another look if TWTR pulls back. Investors will have a more solid buy case for Twitter stock if it falls back to the high $20s per share level like it did last fall. However, with it approaching the $40-plus per share levels it saw last summer, any near-term upside is limited.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post Revenue Growth Aside, Twitter Stock Is Due for a Breather appeared first on InvestorPlace.
- InvestorPlace•9 days ago
5 Tech Stocks Getting Crushed
Tech stocks among most U.S. equities are getting hammered on Friday as the U.S.-China trade talks ended in acrimony, with the President Donald Trump administration pushing ahead with higher tariffs on $200 billion worth of Chinese imports. The tariff rate will increase from 10% to 25%. Additionally, Trump announced they are starting the process of slapping another 25% tariff on the remaining $320 billion of Chinese imports thus far not affected by the trade standoff.China, for its part, has vowed to take retaliatory measures.This is pretty much the worst-case scenario, coming after months of hinting and teasing in the press that a deal was forthcoming. Tech stocks in particular are looking vulnerable here, as they are highly sensitive to global supply chain linkages. Higher tariffs will directly eat into profitability margins.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Cloud Stocks to Buy on Overcast Days As a result, the group is slumping. Here are five tech stocks to sell now: Apple (AAPL)Apple (NASDAQ:AAPL), which loves to tout that its products are "Designed in California," has thus far avoided being impacted by the Chinese import tariffs Trump has enacted, as the product codes for its iPhone and Airpods and other devices have been left out of the regulatory changes. But with Trump threatening to tariff all products, the company will soon no longer be able to skirt higher customs costs.Investors are dumping shares in response, and AAPL stock is threatening to fall below its 50-day moving average for the first time since October. Watch for a possible decline down to the February-March lows, which would be a worth a decline of roughly 13% from here. The company will likely next report results on July 30 after the close. Analysts are looking for earnings of $2.11 per share on revenues of $53.5 billion. Alphabet (GOOG)Shares of Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) have pulled back violently from a recent push to record highs, collapsing below their 50-day moving average and closing in on the 200-day average. This after the tech stock reported a surprise revenue miss late last month, posting the slowest growth in four years as ad pricing came under pressure. * 7 Dangerous Dividend Stocks to Stay Far Away From This is a bigger deal than it seems at first, since so much of the technology ecosystem depends on display and text ad pricing. Prior to this, the company last reported on Feb. 4, with earnings of $10.95 beating estimates by four cents on a 16.7% rise in revenues. Micron Technology (MU)Micron Technology (NASDAQ:MU) shares are falling below both their 50-day and 200-day moving averages, threatening to break the March-low support and return to the lows not seen since December. Such a move would be worth a loss of more than 25% from here. The tech stock's China segment revenue is at risk from deepening trade tensions and a possible nationalist blowback against Apple products in China, which Micron supplies components for.The company is scheduled to next report results on June 19 after the close. Analysts are looking for earnings of 85 cents per share on revenues of $4.8 billion. When the company last reported on March 20, earnings of $1.71 beat estimates by five cents on a 20.6% decline in revenues. Snap (SNAP)While Uber (NYSE:UBER) is getting all the IPO attention these days, 2017 IPO Snap (NYSE:SNAP) is coming under pressure as the social media darling continues to struggle after an ill-reviewed Snapchat redesign and an odd move to relabel itself a "camera company" with its Spectacles wearable device (which are horribly ugly, by the way).Shares have dropped back below their 50-day moving average and are exiting a three-month consolidation range. Watch for a drop back to the 200-day moving average, which would be worth a loss of more than 14% from here. * 10 Great Stocks to Buy on Dips The company will next report results on Aug. 6 after the close. Analysts are looking for a loss of 10 cents per share on revenues of $356.5 million. When the company last reported on April 23, a loss of 10 cents per share beat estimates by two cents on a 38.9% rise in revenues. Alibaba (BABA)Speaking of Uber, it is the largest IPO by market cap after eclipsing Chinese e-commerce giant Alibaba (NYSE:BABA). Shares are drifting lower on worries about the domestic Chinese economy in the wake of higher U.S. tariffs. Shares are threatening to fall out of a four-month consolidation range, setting up a retest of the October-December lows. Not exactly what KeyBanc Capital Markets analysts expected when they raised their price target to $240 back on May 7.The company will next report results on May 15 before the bell. Analysts are looking for earnings of 98 cents per share on revenues of $13.4 billion.As of this writing, William Roth did not hold a position in any fo the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 5 Tech Stocks Getting Crushed appeared first on InvestorPlace.
- Investor's Business Daily•9 days ago
Uber IPO: See Lessons From Facebook, Alibaba, Snap, Lyft Before Investing
Interested in the Uber IPO and other new issues? Learn lessons from Lyft, Facebook, Alibaba, Snap, Tencent Music and Cronos before investing in IPO stocks.
- InvestorPlace•10 days ago
Facebook Stock: Days of Future Past
Since I last wrote about Facebook (NASDAQ:FB), and its second act as the world's free common carrier, enormous numbers of bits have been spent looking at its past.Source: Shutterstock The prospect of a record-setting fine from the Federal Trade Commission along with additional oversight over Facebook's handling of user data have made predictions of doom from last year seem prescient.The company's first quarter results were held down by preparations for paying its fine. Its F8 developer conference was overshadowed by the political pile-on.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat pile-on misses the point. Facebook has moved on. Yes, Facebook broke things, it's paying (something) for them, but it's bigger than ever and its ambitions remain untamed. Facebook Stock, Today and TomorrowAt its opening price of about $188 per share, Facebook is selling for roughly 10 times last year's $55 billion in revenue. But it's so profitable, the price to earnings multiple remains under 30. It has $45 billion of cash and securities to build new cloud data centers. * 7 Cloud Stocks to Buy on Overcast Days The challenge has always been filling those centers. In the past, conference plans have gone astray, but it has always managed to draw traffic. That traffic generated data it continues to monetize at an accelerated rate. While this year's F8 announcements focused on privacy, this remains the business model.Even if the Facebook service is losing steam, Instagram is more popular than ever. Facebook's future is more closely tied to Messenger and Whatsapp. Instead of posting to the world, Facebook is focused on one-to-one and one-to-many communication of all sorts. This doesn't mean there won't be ads, or that the ads won't be based on personal data.Facebook claims "artificial intelligence" can clean up broadcast posts. But if the future is private, who will know if terror cells are organizing inside the system? The platform may be unbiased, but every user of it is biased. If Facebook is to become a global common carrier, it's going to face common carrier regulation. This includes court orders to give user records to governments around the world who want to stop speech, or thought, they consider (each in their own way) to be a threat.That's why Facebook wants to diversify even beyond personal communications, into business communication , e-commerce, entertainment products, and even product design.The main Facebook product itself is going back to its community roots, away from global discussions into local organizing. This won't take the government heat off, but $3.4 million in lobbyist spending during a quarter is chump change. If the resulting regulation creates barriers to entry not just against companies like Snap (NASDAQ:SNAP), but cloud czars like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), which has already closed its social network, so much the better. The Bottom Line for FB StockUnlike the other cloud czars -- Google, Microsoft (NASDAQ:MSFT), Amazon.Com (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) -- Facebook remains the exclusive user of its own cloud, and dedicated to free service on a global scale.The real news from F8 was that this isn't changing. The nature of services will change. You won't be able to link to most of it, the way you could a public Facebook page. But the iceberg of data will continue to grow, and Facebook will still control all the data inside it.The challenge is to minimize how many people Facebook must hire to police this private traffic. Its lobbyists must keep bureaucrats out of the global data sausage factory, focused on the sweet, sweet profit product it produces instead. In buying Facebook stock today, you're betting the sausage tastes better to global governments, creating more growth, than the data factory's pollution costs.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post Facebook Stock: Days of Future Past appeared first on InvestorPlace.
- InvestorPlace•10 days ago
Global Saturation Poses a Challenge to Facebook Stock
Concerns about Facebook's (NASDAQ:FB) alleged lack of respect for its users' privacy is in the news again. But Facebook's user base continue to grow and Facebook stock is still on an upward trajectory, indicating that average people don't care about the negative headlines.Source: Shutterstock However, at this point, almost anyone who can get a Facebook page now has one. That means FB's growth will decelerate unless it either better monetizes its flagship site or generates more revenue from its other websites and apps. * 7 Cloud Stocks to Buy on Overcast Days Privacy Concerns Are No Longer Affecting Facebook StockEarlier this week, Facebook COO Sheryl Sandberg was on Capitol Hill lobbying for new laws to protect Facebook's users in the U.S. Meanwhile, the Federal Trade Commission (FTC) is preparing to fine FB up to $5 billion over its alleged failures to protect users' data during the 2016 election. Lately, there's also been some coverage of Facebook's decision to ban certain controversial people from the website.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYet the vast majority of users don't care about these issues, so FB stock has not been meaningfully affected by them.Amid the controversy, FB remains the go-to platform for keeping tabs on family and friends or spouting off political views. Complaints about banned users have done little to slow FB's growth or negatively affect FB stock. Facebook's Flagship Site Can't Grow That Much MoreThe Facebook platform has attracted 2.38 billion people, a staggering number considering 3.2 billion individuals had internet access as late as 2015.Going forward, FB will have to rely primarily on Instagram, Messenger, WhatsApp, and other lines of business to boost its growth and raise FB stock. Facebook Stock Still Looks Poised to AdvanceBut I think Facebook stock will continue to move higher over the long-term. With its cash hoard of over $45.24 billion as of its last quarterly report. FB can buy a great deal of growth.However, Facebook faces the same challenge that plagues Coca-Cola (NYSE:KO) and McDonald's (NYSE:MCD): How does a company continue growing when it can no longer expand to new markets?Coca-Cola attempted to solve that problem by launching new drinks, while Facebook has tried to address it with new apps. Many of FB's acquisitions have performed quite well. Instagram now boasts over 1 billion users. Among young people, Instagram continues to take market share from Snap's (NYSE:SNAP) flagship app.In the realm of international calling, WhatsApp, with its free calls to anywhere in the world, can take business from telcos. Moreover, competition from Twitter (NYSE:TWTR), Pinterest (NYSE:PINS), and other platforms do not pose a direct threat to FB or Facebook stock. Facebook Stock May Have to Follow KO's pathOver the next five years, analysts, on average, forecast that FB's average annual earnings growth rate will be 17.55%. That should support the current price-earnings ratio of Facebook stock, which is just over 28.Still, advertising, which provides the bulk of Facebook's revenue, is becoming more competitive. Furthermore, if the multiple of Facebook stock moves much higher, FB stock could tumble again.Due to its current size and long-term growth prospects, Facebook stock will gradually become more similar to Coca-Cola stock. Interestingly, KO stock has a similar PE ratio, but KO's profit growth is much lower than that of FB. However, unlike Facebook stock, KO stock pays a dividend. It has a dividend yield of about 3.25%, and its dividend has increased annually for the last 56 years.Facebook should consider a similar approach. If Facebook stock continues to struggle, its current crop of investors will sell their shares. But by attracting dividend investors, FB would entice a group of investors who previously would not consider owning FB stock. The Bottom Line on Facebook StockFacebook may have to adopt a new approach as its flagship site approaches global saturation levels. Despite privacy concerns and looming fines from countries, people continue to log on to its flagship site and its other apps. Furthermore, the company has become adept at monetizing its other apps, enabling its profit to grow.However, there is increased competition in the ad space. Moreover, both FB's size and its relatively limited growth prospects put FB in the same position as Coca-Cola. To meaningfully boost FB stock, FB may have to follow KO's lead and initiate a dividend.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post Global Saturation Poses a Challenge to Facebook Stock appeared first on InvestorPlace.
- Bloomberg•10 days ago
Biden and Sanders May Find Their Age Is an Asset
U.S. voters have been struggling with this question since Joe Biden and Bernie Sanders entered the pool of presidential candidates at the ages of 77 and 76. In last week’s Washington Post, Yale professor Jeffrey Sonnenfeld argued that there’s nothing wrong with a 70-something leader. Individuals have followed leaders since the dawn of humanity – or more likely, since long before: Many social animals, such as elephants, follow leaders, said Mark van Vugt, an evolutionary psychologist and author of the book “Naturally Selected: The Evolutionary Science of Leadership.” When it comes to leadership, elephants pick the oldest female, he said, which works to the whole herd’s advantage because elephants really do depend on their memories, and older elephants have more accumulated useful knowledge, such as the location of the best migration paths and good watering holes.
- Motley Fool•11 days ago
Facebook Tightens Its Grip on Instagram, Adding 3 In-House Leaders
Will the social network’s insider management choices strangle its financial growth golden goose?
- Financial Times•11 days ago
Trader who has waited his entire career for an Uber IPO
On Friday, Peter Giacchi will get up at 4am, as he does every morning. Like many traders on NYSE’s illustrious floor, one of the last bastions of open outcry trading, Mr Giacchi is superstitious. Mr Giacchi, 48, is a designated market maker, or DMM.
- Yahoo Finance Video•6 days ago
Supreme Court rules against Apple in antitrust suit
The Supreme Court ruled 5-4 against Apple in an antitrust lawsuit. Apple users accused the tech giant of monopolizing via the App store. Yahoo Finance's Seana Smith, Akiko Fujita, Jared Blikre and Melody Hahm discuss.
- Yahoo Finance Video•6 days ago
Call of the day: millennials in focus
Yahoo Finance's Jen Rogers, Seana Smith and Heidi Chung discuss JPMorgan's latest note on Millennials.
